Otro for Køb i Glattpark, Zúrich

zentral Dating from 1938, this residential development is attached on one side and is part of the second row of buildings in a small green oasis well screened off by the sextet of buildings grouped around it. A relaxed enclave with excellent public transport and motorway connections in the heart of a neighborhood that has evolved extremely rapidly into a sought-after residential area with plenty of job opportunities, shopping amenities, and leisure attractions. The nine small apartments in the building are all let and still generate good net returns on investment. A glance at the distinctly dilapidated property while considering its undeniable potential in view of the amount of undeveloped living space - the property is currently only developed to 30 per cent of capacity - will lead to the conclusion that the time is ripe for a replacement newbuild. As it stands, the plot of 915 square meters in the W4 development zone presents maximum realizable living space of 1,098 square meters. An investor accordingly has a great opportunity to continue to make solid returns for the long-term. Whether to construct a detached newbuild or upgrade the existing attached building, the choice lies entirely with the new owners following a thorough evaluation of all the options. The property: * Well positioned development plot with a rental property in need of demolition * in the heart of booming Zurich-Seebach * Pleasant, green location set back in the second row of construction without visible traffic * Existing property with 9 apartments only developed to 30% of capacity * in the W4 development zone * Plot extends to 915m2